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Jervois secures US$100 million bond offering to fund Idaho Cobalt Operations   Highlights: Jervois has successfully priced and closed the books on its subsidiary’s offering of senior secured bonds to raise US$100 million, guaranteed by Jervois  Proceeds from the bond issue will be used to fund construction of Jervois’ Idaho Cobalt Operations (“ICO”) in the United States (“U.S.”) and bring it into production  Jervois expects to commence commercial concentrate production at ICO from mid-2022  The bond issue is repayable in mid-2026 and preserves commercial flexibility through ICO construction by not obliging Jervois to irrevocably commit cobalt supply early  Jervois continues to advance funding support discussions with the U.S. Government 

United statesSouth koreaBryce crockerJames mayNathan ryanFormation holdings us incGroup liquidityJervois mining united statesJervois mining limitedBiden administrationJervois mining united states limited the issuerRegulation services providerVenture exchangeJervoi idaho cobalt operationsMining limitedClarksons platou securities